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Saturday, May 11, 2024

Asia-Pacific executives struggle with regenerative business shift: Kearney report

Picture courtesy of Bangkok Post.

A recent survey by global consultancy Kearney reveals that nearly half of Asia-Pacific-based executives feel their current business transformations are not proving effective.

The study, which included 800 C-suite leaders from around the world, shows that while businesses have evolved from focusing on resilience during the Covid-19 pandemic towards a regenerative approach, only 51% are successfully implementing this strategy.

The term regenerative business refers to the integration of advanced analytics and new digital models while ensuring a sustainable supply chain and people models for both business and society. The strategy focuses on adding value back into society and the broader world, rather than simply optimising for efficiency.

The survey found that 99% of business leaders in the region believe becoming a…

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